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How to invest in Madero's IPO

According to Bloomberg, the Brazilian restaurant chain Madero is preparing its initial public offering (IPO) in the third quarter of 2020. With Passfolio, you will be able to sell or buy Madero stocks, all with no commission fees and using your local currency.¹

Find out how to invest in Madero IPO below and download the Passfolio app:
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¹ Securities less than $5 cost $0.02/share. Please see our disclosures on other charges.

Madero's IPO

Madero is a Brazilian restaurant chain created in 2005, focused on hamburgers and meat dishes. With more than 140 stores located across 18 states in Brazil, the company founded by Junior Durski aims to raise around US$715 million, being valued at approximately US$2.4 billion, according to Bloomberg.

Following Shake Shack's example, an American fast food chain that went public on NYSE in 2015, Junior Durski is confident about Madero's IPO happening in 2020. The company's investors include Carlyle Group, that recently acquired 22.3% of the business in 2018, and Luciano Huck, a Brazilian TV host.

If you are interested in selling or buying Madero stock when it becomes available, you will be able to do so with the Passfolio app. You won’t need thousands of dollars to do it - you can start with only $1, because we let our users purchase fractional shares!²
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How to sell or buy Madero stocks abroad

If you want to invest in Madero stocks in the US with no commission fees, you can use Passfolio for that.¹

Passfolio is a US stock trading app available in 170+ countries that charges no commission fees. Instead, the app makes money on uninvested cash and currency conversions. This means you can easily sell or buy Madero stocks after its IPO using your local currency from almost anywhere in the world!

With Passfolio, if you want to invest in the US and sell or buy Madero stocks on NYSE or NASDAQ, you can! And the best part: it's commission-free! That's right, you don't pay commission fees to invest in Madero with Passfolio

Simply follow the steps below:

STEP 1 - DOWNLOAD

Download the Passfolio app on iOS or Android.

STEP 2 - REGISTER

Create your Passfolio account by submitting your ID and proof of address.

It will only take 5 minutes!

STEP 3 - DEPOSIT

Fund your account with at least $1 using your local currency by making a wire transfer or TED.

Your money will arrive in your account in up to 2 business days.

STEP 4 - INVEST

After Madero's IPO, search for "Madero" in the app and trade as you wish!

You can buy or sell Madero shares starting with just $1.²
¹ Securities less than $5 cost $0.02/share. Please see our disclosures on other charges.

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